It's On! Lard Assed Messiah v the Jug-Eared Messiah

[SSG Snuggle Bunny]

Dinger (1000+ posts)        Wed Apr-28-10 01:19 AM
Original message
Michael Moore On Larry King: Goldman Sachs, Obama's #1 Private Contributor
 And he says there should be a CRIMINAL investigation. He is right, period.

karynnj  (1000+ posts)        Wed Apr-28-10 02:32 AM
Response to Reply #3
31. The fact is that Goldman Saks employs a lot of people
 mostly in NYC - and most are Democrats. This is not PAC money but money sent in by individuals. What litmus test should they have? In the last two years, people have posted "Obama got $N billion from drug comapanies, health insurers, banks etc. Now, Obama really took very little PAC money - so it is from PEOPLE.

You here's a test for you - and Michael Moore.

Is it ok if the person works for a financial firm?
Is it ok if they work for a bank?
What about an insurance company?
What about a drug company?
A big telecommunications company?
A cable company?
An auto maker?
Any one in the medical profession?

These are PEOPLE contributing.

How many here on DU would you let contribute - I bet some work for one of these.

Remind me again what you shitbags were so upset about with the Citizens United v FEC decision.

Enrique  (1000+ posts)      Wed Apr-28-10 03:12 AM
Response to Reply #43
48. I like the real Obama
 the Obama that took a lot of money from Goldman Sachs. I like Obama, but he took a lot of money from Goldman Sachs. He might be tough on Goldman and the rest of Wall Street, but he took a lot of money from Goldman Sachs. Through their employees, the way many politicians take money from corporations.

You seem to like the imaginary Obama, that didn't take a lot of money from Goldman Sachs. How do you feel about the real one?

 
 

DrToast  (1000+ posts)        Wed Apr-28-10 03:17 AM
Response to Reply #48
50. No, he didn't take a lot of money from Goldman Sachs
 If it's beyond your mental capacity to comprehend the difference explained countless times in this thread, then I don't know what else to tell you.

 

amborin  (1000+ posts)      Wed Apr-28-10 01:59 AM
Response to Original message
25. Goldman Sachs was huge donor to Obama & look at all the banksters in the administration:
 Edited on Wed Apr-28-10 02:00 AM by amborin
eta: oh, and look at huge donations Obama got from health ins corporations:

Health

Obama, Barack $19,462,986
McCain, John $7,389,547
Clinton, Hillary $6,397,849
Romney, Mitt $2,283,350
Giuliani, Rudy $2,075,197
Paul, Ron $828,483
Richardson, Bill $778,170
Edwards, John $587,941
Thompson, Fred $537,429
Huckabee, Mike $491,202
Dodd, Chris $339,850
Biden, Joe $283,880
Brownback, Sam $108,580
Thompson, Tommy $67,811
Nader, Ralph $62,251
Kucinich, Dennis $54,357
Vilsack, Tom $32,800
Tancredo, Tom $31,600
Hunter, Duncan $27,930
Barr, Bob $22,550
Gilmore, Jim $15,600
Gravel, Mike $11,721
Keyes, Alan $11,600
Baldwin, Chuck $6,050

http://www.opensecrets.org/pres08/sectors.php?sector=H

Finance Industry Campaign Donations:

Finance/Insur/RealEst

Obama, Barack $39,480,169
McCain, John $28,930,292
Clinton, Hillary $19,249,595
Romney, Mitt $13,710,157
Giuliani, Rudy $13,411,959
Dodd, Chris $5,480,286
Richardson, Bill $2,916,752
Edwards, John $2,125,162
Thompson, Fred $1,943,704
Biden, Joe $1,504,861
Huckabee, Mike $1,320,265
Paul, Ron $1,249,206
Brownback, Sam $248,637
Vilsack, Tom $175,900
Thompson, Tommy $120,409
Hunter, Duncan $109,650
Nader, Ralph $77,996
Gilmore, Jim $63,150
Kucinich, Dennis $56,910
Tancredo, Tom $53,260
Barr, Bob $39,259
Gravel, Mike $14,825
Keyes, Alan $8,901
Baldwin, Chuck $7,342
McKinney, Cynthia $4,050

http://www.opensecrets.org/pres08/sectors.php?sector=F


and, Goldman Sachs was the #2 donor to Obama's prez campaign:


list of top donors to Obama's campaign:


Goldman Sachs $994,795 ***********
Harvard University $854,747
Microsoft Corp $833,617
Google Inc $803,436
Citigroup Inc $701,290 ************
JPMorgan Chase & Co $695,132 *************
Time Warner $590,084
Sidley Austin LLP $588,598
Stanford University $586,557
National Amusements Inc $551,683
UBS AG $543,219
Wilmerhale Llp $542,618
Skadden, Arps et al $530,839
IBM Corp $528,822
Columbia University $528,302
Morgan Stanley $514,881 *****************
General Electric $499,130
US Government $494,820
Latham & Watkins $493,835





The Bankers on Obama's Team

The latest round of Wall Street muckety-mucks now in charge of regulation.

— By Andy Kroll


Here's a short list of Obama officials who got their start in the private sector—many, like Paulson, at "Government Sachs."


Neal Wolin
Deputy secretary of the treasury (Tim Geithner's No. 2)
Exec at one of the largest insurance and investment firms

Mark Patterson
Treasury secretary's chief of staff
Goldman Sachs lobbyist

Gene Sperling
Counselor to the treasury secretary
Made nearly $900,000 advising Goldman Sachs

Larry Summers
Obama's chief economic adviser
Made $5 million as managing director of a hedge fund

Rahm Emanuel
White House chief of staff
Made $16 million as a partner at a Chicago investment bank

Herbert Allison
Assistant secretary of the treasury (oversees TARP)
Longtime exec at Merrill Lynch; headed Fannie Mae

Kim Wallace
Assistant secretary of the treasury for legislative affairs
Managing director at Barclays Capital and Lehman Brothers

Karthik Ramanathan
Acting assistant treasury secretary for financial markets
Foreign exchange dealer at Goldman Sachs

Matthew Kabaker
Deputy assistant secretary of the treasury
Made $5.8 million at the Blackstone Group in 2008-2009

Lewis Alexander
Counselor to the treasury secretary
Chief economist at Citigroup; paid $2.4 million in 2008-2009

Adam Storch
Managing executive of the SEC's Division of Enforcement
VP of Goldman Sachs' Business Intelligence Group

Lee Sachs
Counselor to the treasury secretary
Made more than $3 million at a New York hedge fund

Gary Gensler
Chairman of Commodity Futures Trading Commission
18 years at Goldman Sachs, where he made partner

Michael Froman
Deputy assistant to Obama, deputy nat'l security adviser
Managing director of a Citigroup investment arm

http://motherjones.com/politics/2010/01/henhouse-meet-f ... 

Obama sold out by commies.

BTW - Michael Moore used to be an editor for MJ.

They fired him for shoddy work.

FrenchieCat  (1000+ posts)        Wed Apr-28-10 02:37 AM
Response to Original message
34. So Goldman Sachs employees gave to the Obama campaign.....
 Edited on Wed Apr-28-10 02:37 AM by FrenchieCat
and now Obama's SEC is kicking Goldman Sachs ass.

Is there a conflict of interest here?
...cause if so, I don't see it. 

Dear Stenchie-*****,

During senate hearing the GS CEO said:

BLANKFEIN: I see, right. I'm generally supportive. To be sure, there are details of it that I think I'm less sure of, but I think, on the whole, financial reform is, absolutely is essential and I will say that last week, in New York, I listened to a speech by Barack Obama at Wall Street, and one of the points he made resonated with me because I’d said it myself. He said that the biggest beneficiaries of reform will be Wall Street itself.

To wit:

jgraz  (1000+ posts)        Wed Apr-28-10 04:41 AM
Response to Original message
66. Obama's approach to financial "reform" speaks volumes
 No regulation of derivatives
No consumer protection
No leverage caps
No transaction tax
No criminal investigations

Whoever Obama's listening to, it ain't us.

Enjoy:

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=433x280380#280463

[jukin]

Under the reign of Obama the USA has moved 100 times faster toward a fascist state than under the evil GWB.

[ColonialMarine0431]

Cat fight on Skin's Island!!!!

[Karin]

Stenchy Cat.  Obama could eat a puppy on live TV and she'd still support him.  "Oh c'mon, it's not so bad!  Lots of different cultures around the world eat dogs!  Who's to say we're the best culture?  That's racist!" 

What's everyone's opinion on the question, "should Obama give the money back?"   I'm inclined to say No.  These guys got out their checkbooks and pens, and made a conscious decision.  They should have to live with it.  Maybe learn a lesson.   

[crockspot]

I like how these DUmmies make the distinction that these donations came from individual employees, but never made the same distinction regarding Chimpy when they screamed "Corporation X gave Y dollars to the Shrub!!!!11111".

[Vagabond]

A DUmmie actually did stumble across something.  Derivatives should be regulated at least to the level of the rest of the market.  So should any insurance issued against them.  There is plenty of evidence and reason to support that position.